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£175,000
Orchard Place, Southampton, SO14
- 2 beds
£175,000
- 2 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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We understand from our client (the vendor) that all matters related to EWS1 (Fire Safety regulations) cladding have been attended to and remedied. However, issues related to the wooden decking on balconies are pending. Prospective Purchaser’s solicitor will be able to investigate and provide up to date information and clarity.
The property is currently let and on a 'Periodic' tenancy. Accordingly, this apartment offers a great buy-to-let investment opportunity and is also ideal for first-time buyers.
Orchard Place was constructed in 2005 and is situated 0.3 miles away from Southampton city centre which offers an array of amenities on its doorstep some of which include: Restaurants, Bars, Hair salon, Coffee shops, Telephone house surgery, Convenience store and Queens Park. The location also benefits from easy access onto a local bus routes to travel the remaining city.
SERVICE CHARGE: £1980 Per Annum Approx.
LEASE YEARS: 106 Remaining Approx
COUNCIL TAX BAND : C
GROUND RENT:
£225 PA for the first 25 years
£450 PA for the next 25 years
£900 PA for the next 25 years
£1,800 PA for the next 25 years
£3,600 PA for the remainder of the term
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